How to make a entry in tally for Land & Building Purchased
for RS.1,65,00,000/-(Total Consideration)Paid Installment
wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500

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How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Considera..

Answer / purnendu ghosh

1st entry will be
Land & building A/c dr 1,65,00,000
to Party A/c cr 1,65,00,000

2nd and all the installment entry will be
party A/c dr 30,00,000
to cash/bank cr 30,00,000

Is This Answer Correct ?    74 Yes 7 No

How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Considera..

Answer / ashok

2nd
party a/c 3000000 dr
cash / bank 3000000 cr
other Payment will be post dated voucher
same voucher entry

Is This Answer Correct ?    19 Yes 4 No

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